Advertisement

Updated March 28th, 2020 at 09:08 IST

Fact Check: Has Wipro's Azim Premji donated Rs 50,000 crore towards the Coronavirus fight?

Multiple business tycoons & sportspersons have contributed to the country's fight against Covid-19 and Azim Premji was rumoured to have made the biggest of all

Reported by: Digital Desk
Azim Premji
| Image:self
Advertisement

Disclaimer: This fact check is based on the analysis of a clarification issued to another news organization. 

READ: COVID-19: MHA Releases New Lockdown Guidelines; Farming & Related Activities To Operate

Details: Coronavirus outbreak has brought the world to a standstill and India has entered a 21-day lockdown till April 14 in order to break the contact chain and stop the spread of the virus. The virus has claimed more than 17 lives, with over 850 cases in the country.

READ: FM Sitharaman Gives First Response As RBI Issues 3-month EMI Moratorium, Slashes Key Rate

Many people have started donating money to various charities and also to government funds for research in order to stop the spread of the virus. Vedanta's Anil Agarwal has pledged Rs 100 crore, while many MPs have pledged their MPLAD funds.

On Friday morning, however, social media websites and chat applications were abuzz with reports that Wipro Chairman & promoter Azim Premji had donated Rs 50,000 crore - an almighty sum - to charity to help purchase equipment required to fight coronavirus.

However, these reports are incorrect and seem to have been confused with another donation of Premji which took place around the same time last year. In 2019, Premji had kept aside 34% of this stake in the firm, amounting to Rs 52,000 crore for his foundation involved in philanthropy. In a statement to a news channel, Wipro clarified that the announcement of donation was made in March 2019 and not this week.

(READ: Azim Premji Earmarks Economic Benefits Of 34 Percent Of His Wipro Shares To Entity Involved In Philanthropy)

READ: Virat Kohli Urges Citizens To 'wake Up To The Reality' Amid Nationwide Lockdown

READ: COVID-19 Crisis: NDRF Chief Says 6000 Personnel, 12 Battalions Across Country On Standby

Advertisement

Published March 28th, 2020 at 09:08 IST

Your Voice. Now Direct.

Send us your views, we’ll publish them. This section is moderated.

Advertisement
Advertisement

Trending Quicks

LIVE: SC Verdict on K Kavitha, Abhishek Banerjee's Plea Against PMLA Provisions Today
a minute ago
ISRAEL
2 minutes ago
Becky Lynch and Rhea Ripley
9 minutes ago
JGB
17 minutes ago
IPL Trophy
22 minutes ago
Delhi-Meerut RRTS
34 minutes ago
BREAKING: IT Dept Conduct Raids At Bengaluru Eateries Owned By Meghana Foods
35 minutes ago
Princess of Wales Kate Middleton
35 minutes ago
BJP MP Tejasvi Surya
35 minutes ago
SK Hynix HBM3E chip
38 minutes ago
Advertisement
Advertisement
Advertisement
Whatsapp logo